And later on in the morning, ADOT was so proud of the INDEPENDANT BUY RECOMMENDATION that they issued a press release themselves!
(BSNS WIRE) Advanced Optics Electronics Inc. Receives Strong Buy Recomme
Advanced Optics Electronics Inc. Receives Strong Buy Recommendation From
European Financial Internet Publication
Business Editors
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Aug. 23, 1999--Advanced
Optics Electronics Inc. (OTC BB: ADOT), a developer of patented flat
panel display technology, Monday announced that it has received a
strong buy recommendation with a conservative price target of $2 for
the year 2000, from Stockreporter.de, a European financial Internet
publication (www.stockreporter.de) specializing in the coverage of
micro cap and undervalued stocks.
Stockreporter.de is projecting from its report a share price
target of $8.9 for Advanced Optics Electronics Inc. in 2001 and $25.4
in 2002.
According to Stockreporter.de's Dennis C. Hass, "Advanced Optics
Electronics Inc. is one of the most interesting companies to come to
our attention in recent years." He continued, "With its patented flat
panel display technology, ADOT is poised to capitalize on the dramatic
success and growth potential of the outdoor advertising industry.
"According to management's knowledge, no other company is
currently working on like products. In my opinion the products planned
by ADOT will be superior to the established forms of electronic
display technology."
Hass also said that other companies who have received strong buy
recommendations from Stockreporter.de have seen a dramatic increase in
their share price.
Examples of Over The Counter Bulletin Board (OTC BB) companies
who were chosen by the Stockreporter.de team include: FutureLink
Distribution (FLNK) whose share price has increased 80 percent;
Teltran International (TLTG) increased 150 percent; MonsterDaata.com
(MDDC) had a 50 percent increase in its share price; Antra Music
Group's (RECD) share price was up 20 percent; and also
CancerOption.com (CAOP) gained a 20 percent increase on its share
price to date.
Advanced Optics Electronics Inc., based in Albuquerque, is a
developer of patented electronic display technology utilizing ADOT's
proprietary SLM (Spatial Light Modulator) light valve.
This industry leading technology can be utilized in many diverse
fields including the production of "television quality" advertising
billboards, medical testing equipment, military displays, computer
monitors and high definition video transmission.
This press release contains forward-looking statements. The words
"estimate," "possible" and "seeking" and similar expressions identify
forward-looking statements, which speak only as to the date of the
statement was made. The company undertakes no obligation to publicly
update or revise any forward-looking statements, whether because of
new information, future events, or otherwise.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted, or quantified.
Future events and actual results could differ materially from those
set forth in, contemplated by, or underlying the forward-looking
statements.
The risks and uncertainties to which forward-looking statements
are subject include, but are not limited to, the effect of government
regulation, competition and other material risks.
--30--twt/ix*
CONTACT: Advanced Optics Electronics Inc., Albuquerque
505/797-7878
www.adot.org.
KEYWORD: NEW MEXICO INTERNATIONAL EUROPE
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
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